Self-made billionaires biography of christopher columbus

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  • Consider this: If you worked every day, making $5,000 a day, from the time Christopher Columbus sailed to the Americas in 1492 to the time you'.
  • The people who try to become billionaires are more likely than the rest of us to be greedy and overconfident.
  • Billionaires should not exist

    Billionaires should not exist.

    Bernie Sanders says billionaires should not exist. I couldn’t agree more. I find the fact of billionaires’ existence astounding, especially given how much money $1,000,000,000 actually is.

    Most of the time, we don’t think about it. We use words like “billionaire” and “a billion dollars,” but rarely do we stop to comprehend the sheer size of these numbers.

    Consider this: If you worked every day, making $5,000 a day, from the time Christopher Columbus sailed to the Americas in 1492 to the time you’re reading this, you still would not be a billionaire. (The math is simple: $5000 x 365 days x 528 years = $963,600,000.)

    Even that might not register, so try this: if you work a full-time job (8 hours/day) at a living wage ($15/hour), you only make $120/day.

    Or if you make what I do ($70,000/year), you get about $191/day.

    Or this: if you receive compensation equivalent to the president of Allegheny College, you get (according to 2017 data) $432,428/year, or $1,184/day.

    That means you’d have to make four times the president of Allegheny College just to get up to $5,000/day … and make it every day for 527 years (since Columbus) — and you still would not be a billionaire.

    That’s a lot of money.

    For some, however, it’s

    (Image credit: Thinkstock)

    Immigrants make up 13% of the U.S. population. They come here in pursuit of the American Dream, an opportunity for a better life in exchange for hard work. For many, their unique skills and fresh perspectives lead them to entrepreneurship.

    That may explain why one small-business owner in six in the U.S. is an immigrant, according to a recent report by the Fiscal Policy Institute's Immigration Research Initiative. Professional and business services, such as waste-disposal services and office administration and cleaning, boast the largest number of immigrant business owners, followed by retail, construction, educational and social services, and leisure and hospitality industries. "Immigrants are such a varied group with people from countries all around the world that have a wide range of skill sets . . . and these [fields] have always been a natural fit\" both locally and nationally, says David Dyssegaard Kallick, director of FPI's Immigration Research Initiative.

    The seven entrepreneurs featured here come from diverse backgrounds. They made their millions (and, in one case, billions) in industries ranging from Internet technology to restaurant services. Here are their stories.

    (Image credit: Courtesy of Josie Natori)

    Josie Natori
  • self-made billionaires biography of christopher columbus
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    What would you dance if give orders suddenly challenging a million dollars?

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